The #Hedera price saw a significant 100% surge within 24 hours, largely due to #BlackRock's announcement of tokenizing its US Treasury money market fund on the Hedera blockchain.
This move, facilitated by Archax and OwneraIO, showcases the integration of traditional finance with blockchain technology and highlights Hedera's appeal to institutional investors.
The network's high speed, robust security, and low costs make it ideal for institutional-grade tokenization, significantly boosting investor confidence and $HBAR market position.
